Company Valuation: Microsoft Corporation

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 1,920,840 2,532,081 3,321,869 3,697,022 2,770,955 3,933,757 - -
Change - 31.82% 31.19% 11.29% -25.05% 41.96% - -
Enterprise Value (EV) 1 1,865,864 2,468,056 3,291,263 3,645,608 2,734,406 3,881,915 3,894,928 4,033,327
Change - 32.27% 33.35% 10.77% -24.99% 41.97% 0.34% 3.55%
P/E 26.6x 35.2x 37.9x 36.5x 20.8x 26.5x 22.1x 18x
PBR 11.5x 12.3x 12.4x 10.8x 6.26x 6.79x 5.31x 4.14x
PEG - 113.23x 1.7x 2.3x 0.7x 2.69x 1.1x 0.8x
Capitalization / Revenue 9.69x 11.9x 13.6x 13.1x 8.35x 10.1x 8.41x 6.91x
EV / Revenue 9.41x 11.6x 13.4x 12.9x 8.24x 9.92x 8.32x 7.08x
EV / EBITDA 19.1x 23.8x 25x 22.4x 13.8x 16.2x 13.2x 10.8x
EV / EBIT 22.4x 27.5x 30.1x 28.4x 17.6x 21.3x 17.9x 15.4x
EV / FCF 28.6x 41.5x 44.4x 50.9x 40.8x 118x 90.1x 45.3x
FCF Yield 3.49% 2.41% 2.25% 1.96% 2.45% 0.85% 1.11% 2.21%
Dividend per Share 2 2.48 2.72 3 3.32 3.64 3.858 4.239 4.447
Rate of return 0.97% 0.8% 0.67% 0.67% 0.98% 0.74% 0.81% 0.85%
EPS 2 9.65 9.68 11.8 13.64 17.95 19.72 23.6 29.03
Distribution rate 25.7% 28.1% 25.4% 24.3% 20.3% 19.6% 18% 15.3%
Net sales 1 198,270 211,915 245,122 281,724 331,839 391,271 467,955 569,502
EBITDA 1 97,843 103,555 131,720 162,681 198,685 239,452 295,606 372,456
EBIT 1 83,383 89,694 109,433 128,528 155,237 182,305 217,245 262,608
Net income 1 72,738 72,361 88,136 101,832 133,749 147,101 175,968 213,902
Net Debt 1 -54,976 -64,025 -30,606 -51,414 -36,549 -51,842 -38,829 99,570
Reference price 2 256.83 340.54 446.95 497.41 373.02 522.61 522.61 522.61
Nbr of stocks (in thousands) 7,479,033 7,435,488 7,432,306 7,432,544 7,428,435 7,425,545 - -
Announcement Date 7/26/22 7/25/23 7/30/24 7/30/25 7/29/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.87x9.92x16.21x0.73% 3,934B
125.05x55.35x90.13x-.--% 466B
21.61x6.11x10.63x1.39% 435B
257.32x22.97x67.26x-.--% 332B
2654.4x44.49x145.51x-.--% 272B
26.56x5.33x16.8x1.43% 242B
89.25x8.67x23.2x-.--% 143B
61.21x16.52x43.52x-.--% 139B
484.75x20.77x82.11x-.--% 97.43B
Average 416.34x 21.13x 55.04x 0.39% 673.42B
Weighted average by Cap. 174.35x 15.52x 31.98x 0.63%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Microsoft Corporation

Historical PBR trend

Valuation ratios - PBR - Microsoft Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Microsoft Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Microsoft Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - Microsoft Corporation
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